Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi The US chipmaker Nvidia is on track to become the first $5tn company when Wall Street opens later, after receiving a boost from Donald Trump remarks and amid an AI boom.The shares rose by 3.9% in premarket trading, and if this is sustained, Nvidia will top a $5tn market cap at the official open on Wall Street.Overall these figures are consistent with our view that consumer spending growth will strengthen over the coming quarters.
But the risk is that tax rises on households in the budget dampen activity next year. Continue reading...
Thursday 30 October 2025
theguardian - 23 hours ago
Pound slides on bleak outlook for UK public fi mortgage approvals hit nine-month high – business live
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